There are federal — and often state and local — tax incentives to invest in clean energy. Support the generation of renewable energy If you don’t have your own building, you can help your utility build green energy production. To help finance renewable energy installations, companies can sign a corporate power purchase agreement (CPPA), a long-term energy supply contract with a fixed price structure. CPPAs mandate that the company’s energy come from renewable sources and provide a fixed price structure, protecting the company from future price increases.
Use electric-powered vehicles Any company with vehicles c list of israel cell phone numbers n switch to EVs, which also saves on fuel. There is also a federal tax credit of up to $7,500 per vehicle, depending on the manufacturer, battery capacity and tax amount due. Use recycled packaging If you package your products for distribution, commit to eco-friendly packaging practices, such as using packaging materials made from recycled materials. You can also use materials with less plastic, such as inflated plastic bags, instead of bubble wrap.
A nice bonus is that eco-friendly packaging is often lighter, so your shipping costs may be lower. You may also be able to take advantage of government tax credits. Encourage reuse of packaging and products Some companies incorporate multiuse packaging. For example, a candle manufacturer can use a glass vessel that can be repurposed as a bowl or vase when the candle is used up. Another strategy is to give customers a discount when they bring their own container or return your used packaging to you for reuse.
In addition to the savings on your electric bill
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